1st scenario: If it can break the resistance line It has the potential to increase up to around 240.
2nd scenario: In case it cannot break the line it may go lower than the current support line (strong support). In my opinion, this is less likely to happen since BTC is currently is in a steady-state (will not reduce more and may increase beyond 70k).
This is just a personal idea.
Let's see what will happen :)
2nd scenario: In case it cannot break the line it may go lower than the current support line (strong support). In my opinion, this is less likely to happen since BTC is currently is in a steady-state (will not reduce more and may increase beyond 70k).
This is just a personal idea.
Let's see what will happen :)
Note
Ready to Jump ???Trade closed: target reached
Target reached :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.